Realtor Samuel
RealtorForum Replies Created
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Out of control baby monkeys 🐒 Alot of monkey channels mistreat baby monkeys.
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I got banned from Facebook and many social media platforms for voicing my opinion. Censorship. I am now seeing people like Bill Mahr, CNN Dana Badh, Morning Joe, and others calling out lies from Democrats.
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Jill Biden gets very jealous, is power hungry, and demands being called doctor even though she is not a medical doctor and only an educator where she has a PhD mainly from online courses. Jill Biden also had the Marine Corps Marching Band create a song just for her when she enters a room Hail to the First Lady. Power hunger at its maximum. Most PhDs are addressed as Mr. or Mrs. or in the event they are college instructors, they are addressed professors. It is come to everyone’s attention, especially, high ranking law makers that Jill Biden sits on all meetings in the Oval Office when only the President of the United States needs to be in. Many scholars and high ranking cabinet members have compared Jill Biden to First Lady Edith Wilson, the wife of President Woodrow Wilson. Can you please detail the similarities of Jill Biden and Edith Wilson?
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What is a VA Streamline Refinance and how does it work? How do you qualify for an VA Streamline Refinance? What is the mortgage process on VA streamline refinance? How much money can homeowners save on VA streamline refinance mortgage loans?
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What is an FHA Streamline Refinance and how does it work? How do you qualify for an FHA Streamline Refinance? What is the mortgage process on FHA streamline refinance? How much money can homeowners save on FHA streamline refinance mortgage loans?
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Of course! I will gladly elaborate on the various types of refinance loans in detail. These include rate and term refinances, FHA and VA Streamline, and cash-out refinances. Moreover, I will provide a general mortgage process outline for each.
Rate and Term Refinance:
Objective: Change. Change the interest rate, loan term, or both without taking out extra cash.
Salient points:
Can lower monthly payments or shorten loan term
May switch from adjustable to fixed-rate or vice versa
It doesn’t significantly change the loan amount (except for closing costs)
Procedure:
- Application and credit check
- Home appraisal (usually required)
- Underwriting
- Closing
FHA Streamline Refinance:
Objective: Refinance an existing FHA loan with reduced documentation and underwriting.
Characteristics:
- Must be current FHA loan refinancing to another FHA loan.
- No cash-out option.
- No appraisal is required in most cases.
- Reduced credit check.
- Must result in a “Net Tangible Benefit” to the borrower
Procedure:
- Verify current FHA loan status.
- Application (simplified).
- Limited underwriting.
Closing
VA Interest Rate Reduction Refinance Loan (IRL):
Purpose: To refinance an existing VA loan with reduced documentation and underwriting.
Key Features:
Must be current VA loan refinancing to another VA loan No cash-out option No appraisal required in most cases No income verification typically required Must result in a lower interest rate (with some exceptions)
Process: Verify current VA loan status Application (simplified) Limited underwriting Closing
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What types of traditional and alternative commercial loans are available in todays marketplace including niche commercial loan programs?
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I would like more information on all specific aspects of FHA Jumbo Loans?
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I would like more information on the various aspects of fix-and-flip loans and how they compare to other types of real estate financing? Thank you in advance.